RERA NEWS

Blow to housing socs: Rera won’t hear redevpt disputes

Publication: TIMES OF INDIA Date : 17 JANUARY 2018

Mumbai: Housing society members who have a dispute with their builder over redevelopment cannot seek relief under the Real Estate (Regulation and Development) Act (Rera).

HC directs MahaRera relook at order denying compensation

Publication: TIMES OF INDIA Date : 17 JANUARY 2018

Mumbai: The Bombay high court on Tuesday set aside an order passed by the Maharashtra Real Estate Regulatory Authority (MahaRera), saying a six-year delay in possession of flat was “justifiable”

RERA will bring back sales in realty market, say experts

Publication: ET REALTY Date : 06 JANUARY 2018

NAVI MUMBAI: If the year 2017 was “challenging and remarkable” for the real estate industry due to various changes like demonetization, Rera and GST, then 2018 will hold “promise and growth”

INFRA NEWS

Metro IV or elevated CSMT corridor to come into SoBo

Publication: TIMES OF INDIA Date : 17 JANUARY 2018

Mumbai: Either the Panvel-CSMT hi-speed corridor or the Thane-GPO Metro IV will cater to Chhatrapati Shivaji Maharaj Terminus since the authorities have decided

60% land acquisition for Mumbai-Nagpur Expressway done, says MSRDC

Publication: HINDUSTAN TIMES Date : 17 JANUARY 2018

The Maharashtra government’s ambitious Mumbai-Nagpur Expressway project may get a boost as the Maharashtra State Road Development Corporation (MSRDC)

CITY NEWS

Before Mumbai’s new Development Plan is formally approved, FSI projections go awry

Publication: THE INDIAN EXPRESS Date : 17 JANUARY 2018

EVEN before Mumbai’s new Development Plan (DP) is formally adopted, the commercial capital may have already overshot projections on the mean floor space index (FSI)

OTHER CITY NEWS

ASK Group firm deploys Rs150 crore in 2 real estate projects in Pune

Publication: MINT Date : 17 JANUARY 2018

ASK Property Investment Advisors (ASK PIA), part of financial services firm ASK Group, has committed Rs150 crore across two projects in Pune

REALTY NEWS

Maharashtra government to build 19.40L homes

Publication: DNA Date : 17 JANUARY 2018

The Maharashtra government, in order to put the Housing for All project on fast track, has formed an empowered committee of the cabinet headed by the Chief Minister Devendra Fadnavis.